Occidental Petroleum
The Latest
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Occidental Petroleum to Buy CrownRock in $12 Billion Deal to Boost Permian Operations
Occidental Petroleum, a major player in the U.S. energy sector, has made a significant move by agreeing to acquire CrownRock, a leading energy producer in the Permian Basin, for a staggering $12 billion. Occidental Petroleum, a major player in the U.S. energy sector, has made a significant move by agreeing to acquire CrownRock, a leading energy producer in the Permian Basin, for a staggering $12 billion. -
Warren Buffet Increases Stake In Occidental Petroleum By Nearly $1 Billion
Berkshire Hathaway purchased 18.1 million Occidental Petroleum shares for around $985 million. Berkshire Hathaway purchased 18.1 million Occidental Petroleum shares for around $985 million. -
Occidental Petroleum Wants Financial Support To Lift US Oil Companies
The business needs government to provide liquidity to energy sector during this unparalleled period of depletion The business needs government to provide liquidity to energy sector during this unparalleled period of depletion -
Occidental Petroleum To Cut Spending, Reaches Deal With Carl Icahn
After reaching an agreement with activist investor Carl Icahn, Occidental Petroleum announced a new round of cost-cutting measures that will include pay cuts and reduced capital spending. After reaching an agreement with activist investor Carl Icahn, Occidental Petroleum announced a new round of cost-cutting measures that will include pay cuts and reduced capital spending. -
Occidental To Lessen Debt After Acquisition By Selling Anadarko Assets
To lessen its already substantial debt following the acquisition, Occidental is now considering selling off some of Anadarko's assets in the Gulf of Mexico. To lessen its already substantial debt following the acquisition, Occidental is now considering selling off some of Anadarko's assets in the Gulf of Mexico. -
Chevron Surrenders Anadarko Deal And Settles For $1 Billion Cancellation Fee
Chevron announced this week that it will not be submitting a new offer to Anadarko and will instead settle with the $1 billion cancellation fee. Chevron announced this week that it will not be submitting a new offer to Anadarko and will instead settle with the $1 billion cancellation fee. -
Warren Buffett Bets US$10 Billion In Ongoing Oil Bidding War
Warren Buffett's Berkshire Hathaway has invested US$10 billion in Occidental Petroleum to help in its planned acquisition of Anadarko. Warren Buffett's Berkshire Hathaway has invested US$10 billion in Occidental Petroleum to help in its planned acquisition of Anadarko. -
Oil Firms Invests In Carbon Removal Startup To Address Climate Concerns
Large fossil-fuel companies are now investing heavily in new carbon removal tech startups in an attempt to address growing environmental concerns. Large fossil-fuel companies are now investing heavily in new carbon removal tech startups in an attempt to address growing environmental concerns.